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14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
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7 January 2025 | 0 replies
Would like to hire more daily workers to decrease time.
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17 January 2025 | 7 replies
We're in the process of getting our systems and team in place and really starting from scratch.
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28 January 2025 | 48 replies
This process is probably a 1-2 year process.
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22 January 2025 | 3 replies
My credit got negatively affected but we’re in the process of building hers ( she had no credit nor bad credit) I think we’ll have her credit above say a 700 in the next 6-12 months.
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12 February 2025 | 20 replies
We have created work instructions for every step of the process so we can maintain consistency in how we evaluate properties, communicate with tenants, market our properties, handle rent increases, manage property turnover, etc.....
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12 February 2025 | 8 replies
There system has been helpful for someone with no prior experience in the process, from finding properties, lenders, insurance agents, CPA's, attorneys, etc.
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15 January 2025 | 9 replies
Would it be possible to connect to discuss more about the process of purchasing property as a military investor?
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13 January 2025 | 4 replies
.: I have an applicant who's going through a rental screening process A.T.M.
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17 January 2025 | 12 replies
Are there any unique considerations or red flags you look for compared to the traditional rental process?